323
323
Dec 26, 2012
12/12
by
CNBC
tv
eye 323
favorite 0
quote 0
eastern time. >>> it's been quite a year for the energy sector. sharon epperson with a look at what could be in store for the industry in 2013. >> reporter: on the road to north american energy independence, the next decade is crucial. and in the new year, the dramatic rise in u.s. oil production will continue its extraordinary climb. at the same time, u.s. petroleum supplies will have a greater reach. in the first quarter of 2013, more of the nation will have additional pipeline capacity. helping to alleviate the abundance of domestic supplies and perhaps mitigate any meaningful price gains. after a year full of fluctuations, by the end of 2013 oil prices my not stray far from where they started the year. it's no secret we have a lot of natural gas. enough to have flooded the market with more supply than the nation could possibly have consumed this year. but those days may be coming to an end. what will we do with all this natural gas? in the new year, the u.s. will find more ways to utilize or export the cheaper, cleaner fossil fuel and set the
eastern time. >>> it's been quite a year for the energy sector. sharon epperson with a look at what could be in store for the industry in 2013. >> reporter: on the road to north american energy independence, the next decade is crucial. and in the new year, the dramatic rise in u.s. oil production will continue its extraordinary climb. at the same time, u.s. petroleum supplies will have a greater reach. in the first quarter of 2013, more of the nation will have additional pipeline...
60
60
Dec 27, 2012
12/12
by
CNBC
tv
eye 60
favorite 0
quote 0
andy, you're over in the energy patch. what do you see for crude, gnna gas and for what we pay at the pump. >> for crude, it will be where it is today, $90. in between now and then we'll see it go down to 82 and as high as 100. as far as what we pay at the pump, i'm seeing next year the low is going to be about $3.10 in the wintertime rising to about $3.70 in the summer and hurricane season. as far as natural gas goes, i think there will be continued pressure on natural gas. we still see a lot of drilling as the drillers go after the liquid portion of the natural gas. i see that going back to $3 a million btus. >> is there a wild card here? what we're seeing is a bit of a comeback? is there a wild card that for example if china does get its free act together that we could see crude prices go much higher, andy? >> that's exactly right. china import and refine a record amount of crude oil in november, but i do see that production in the u.s., which is up 17% from this time last year, will be exceeding 7 million barrels a day
andy, you're over in the energy patch. what do you see for crude, gnna gas and for what we pay at the pump. >> for crude, it will be where it is today, $90. in between now and then we'll see it go down to 82 and as high as 100. as far as what we pay at the pump, i'm seeing next year the low is going to be about $3.10 in the wintertime rising to about $3.70 in the summer and hurricane season. as far as natural gas goes, i think there will be continued pressure on natural gas. we still see...
252
252
Dec 27, 2012
12/12
by
CNBC
tv
eye 252
favorite 0
quote 1
. >> we try to move more energy outside of the u.s. to asia in particular, getting those contracts in place will be more important. but that is a ten year timeframe. >>> not-so-good news for nokia, a month after the launching in the u.s., cell phones are offered at steep discounts or free on u.s. carriers or amazon. nokia is betting heavily on that phone which runs microsoft's windows 8 system. it launched in november with at&t for $99. another version of the phone also available force 99 at verizon. some discussion, dennis, this is just how things work. >> i don't think that's how things work. if you buy an iphone 4s. this is not the most current model, iphone 4s, had verizon, tough pay $99. that is the outdated model. i encourage -- i don't know if people can tweet to the show, i would love to see photos of people actually using the nokia lumia. >> even for free, you mean? >> free or charged. >> would they use it for free? >> don't believe it is being used. >> on the subway, i count who's doing what. i've seen -- >> being very paroch
. >> we try to move more energy outside of the u.s. to asia in particular, getting those contracts in place will be more important. but that is a ten year timeframe. >>> not-so-good news for nokia, a month after the launching in the u.s., cell phones are offered at steep discounts or free on u.s. carriers or amazon. nokia is betting heavily on that phone which runs microsoft's windows 8 system. it launched in november with at&t for $99. another version of the phone also...
274
274
Dec 26, 2012
12/12
by
CNBC
tv
eye 274
favorite 0
quote 0
the notion we're running out of oil, it's going to be gone, we need the government to create the next energy industry. we will spend all this money on these renewable things. it will be great. we know how to do it, we have experts. then a disruptive market driven technology comes along that generates $2 natural gas makes all that stuff or basically puts it into the future and the money just went down the drain. a case study the way dwogovernm planning and infrastructure spending, you will get 10 cents of every dollar you spend, basically. that should be in a future book, shouldn't it, to show you the way? we have to learn it again and again. >> it should. as your kids get older and my kids are at that age, it should. as a you start to see some of the school's syllabus for business classes and marketing classes, what you will learn, joe, making a profit is the last thing any of these classes want to teach. >> it's a dirty business. >> there was a time 4 or 500 years ago a middleman marked something up, that was supposed to be a bad thing. supposed to have a zero-sum game between buyer and ser
the notion we're running out of oil, it's going to be gone, we need the government to create the next energy industry. we will spend all this money on these renewable things. it will be great. we know how to do it, we have experts. then a disruptive market driven technology comes along that generates $2 natural gas makes all that stuff or basically puts it into the future and the money just went down the drain. a case study the way dwogovernm planning and infrastructure spending, you will get...
174
174
Dec 29, 2012
12/12
by
CNBC
tv
eye 174
favorite 0
quote 0
with this energy drink it renamed the company monster. ultimately, it was a fad that would dry out and crash. it took years for the momentum to top out. i knew how stocks worked. peaked in july 2006, in part because they did a 5-1 split. even though they weren't supposed to do anything this encouraged people who had been in hansen a long time to take it off the table. and it picked up its fourth analyst, may 10, 2006 when goldman started covering the stock. two months to sell between goldman's initiation and the stock peak. prudence dictated we sell once the stock had four analysts. better to clear out early with inning than to wait for them to fade away. hansen and all other hot stocks started to cool off. and incredibly after hansen fell off the radar screen, and the active analyst coverage dwindled, the stock dwindled. an amazing ren nance, and when analysts stop following the company, but the company's earnings start speculating as the case with hansen in 2011, a storied lazarus like move can happen. especially when monster ended up v
with this energy drink it renamed the company monster. ultimately, it was a fad that would dry out and crash. it took years for the momentum to top out. i knew how stocks worked. peaked in july 2006, in part because they did a 5-1 split. even though they weren't supposed to do anything this encouraged people who had been in hansen a long time to take it off the table. and it picked up its fourth analyst, may 10, 2006 when goldman started covering the stock. two months to sell between goldman's...